I corrected my post, it was EMC leaps that I picked up yesterday.
I saw the NBR interview over the weekend. He says 1 Million by the dawn of 2100. Just think, a few months ago people were ridiculing Glassman for saying DOW 36,000. I'm not referring to Templeton here, but there are a lot of copycats running around now saying DOW 28,000 and 31,000 and such.
Have you seen some of Ralph Acampoora's recent interviews. He looks like a deer in the headlights. He says NAZ 5K in Y2K but he looks nervous. Maybe he is afraid of loosing his job so he is trying to be a real Bull.
Yardenni, I like the guy. I don't like the press running around saying hey nothing happened. Had the work not been done, things would have happened and they would be screaming about that. It's because people alerted the masses to the potential problems that it was adressed. Like he says, companies/organizations like MSFT, IBM, GE, GM, the fed, power plants and many others didn't do what they did for grins and giggles.
Regards, |
